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Worden Discussion Forum » Customer Training & Support » PCFs, EasyScan and Custom Indicators » Gapping up or down

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dbruner1
Posted : Thursday, December 3, 2009 2:15:51 PM
Registered User
Joined: 12/2/2006
Posts: 8
 how do I write pcf  to  scan for stocks that have gapped up or down more than 5% from previous day? The 5% has got me messed up. Thanks
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Bruce_L
Posted : Thursday, December 3, 2009 2:20:50 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
 Assuming the Gap Up is defined as the from the previous High to the current Low and the Gap Down is defined as from the previous Low to the current High:

L >= 1.05 * H1 OR H <= .95 * L1

You may wish to review the following:

How to create a Personal Criteria Forumula (PCF)
PCF Formula Descriptions
Handy PCF example formulas to help you learn the syntax of PCFs!
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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